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finance

Micro Finance Bank to be open in Kuje

The Central Bank has granted final approval to Opengate Microfinance Bank to start banking operations in the Federal Capital Territory. (more…)

Venture Finance MD plans retirement – new appointment

Venture announces the planned retirement of Managing Director Tony Cox in H1 2008 and Peter Ewen has been appointed MD of the Group.…


KL Finance closes USD30m timeshare receivable facility

KL Finance has closed a US$30m receivable finance facility for timeshare receivables originated at the Aruban Resort Casino. (more…)


IIC lends US$10mn to finance SMEs

Inter-American Investment Corporation has signed a pesos30m program to finance SMEs in Argentina. (more…)

#bank#financial institution#interest rates


CIT opens in Shanghai to support global vendor finance...

CIT Group Inc.,opened its Shanghai Shared Services Centre on Thursday to support CIT Vendor Finance's customers in the Asia Pacific…

#CIT#international


Barclays launches Supplier Finance Service

Barclays has announced the launch of its supplier finance service aimed at corporate customers and their suppliers. (more…)

#international#International Trade#management


Six banks in micro-finance scheme

Bank Negara has introduced a micro-finance scheme that will initially involve six commercial banks providing loans to SMEs. (more…)


Trade finance set to exceed USD2bn in five years

Trade finance opportunities in India could offer revenues in excess of over US$2bn in the next five years.  (more…)

#bank#cash management#guarantees


Commercial Finance Brokers increase business

Results from the National Association of Commercial Finance Brokers annual survey reveal that the total amount of business written by…


Director appointed to Bridge Finance Group Chicago HQ

Ryan DeWitte has been announced as director of Bridge Finance Group in their Chicago office.  (more…)


Ultimate Finance Group reports increase in pre-tax profit in...

Ultimate Finance Group, which serves the invoice discounting and factoring cash flow solutions market, announced its final results for the…


Soc Gen Head of Asset Based Finance moves to...

Matthew Vickerstaff, global head of Infrastructure and Asset Based Finance, has relocated to NY from Paris. (more…)

#asset based finance#Bill#investment

Soc Gen expands Asia-Pacific acquisition and leveraged finance business

French-based Societe Generale is expanding its Acquisition and Leveraged Finance business in the Asia-Pacific. The Sydney-based team will be led…

#acquisition#bank#management

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